Buy More When It Shakes... Semiconductors: Buying Opportunity or Turning Downward?
Although the KOSPI is showing a downward trend in front of the 8,000-point mark due to foreign investors' selling, some expect that the index could soon resume a strong upward rally. In this scenario, CEO Lee Dongwoo has already selected three stocks that are expected to benefit the most.
■ SBS Biz CEO Lee Dongwoo, Touted as a 'Masterstroke' Among Retail Investors (Click Here)
CEO Lee Dongwoo responds clearly.
The question I get asked the most at all-time high levels is, 'Is it still a good time to enter?' Historically, the average six-month return after the KOSPI breaks its previous high has been +18%. This is just the beginning."
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The strategy he presents is simple.
Another turning point begins today. On May 28-29 (local time), the U.S. FOMC meeting will take place, and major tech companies such as Alphabet and Amazon are set to report their earnings. Last Friday, Intel soared by 23%, leading the Nasdaq and S&P 500 to reach new all-time highs, and this momentum is highly likely to carry over to the opening of the Korean stock market today.
With both major and minor market-moving events on the horizon, rather than trading alone, it is recommended to seek the advice of veteran experts and join in on successful investing.
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